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what is account
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what is account Related: Business and Profession - Nature and Purpose...
Definition: An account is a record in an accounting system that tracks the financial activities of a specific asset, liability, equity, revenue, or expense. These records increase and decrease as the business events occur throughout the accounting period. Each individual account is stored in the general ledger and used to prepare the financial statements at the end of an accounting period.
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what is account Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11?
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what is account Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about what is account Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is account Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11?.
what is account Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about what is account Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is account Related: Business and Profession - Nature and Purpose of Business, Business Studies (BST), CBSE Class 11?.
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